The global blockchain in healthcare market is expected to expand at a CAGR of over 60% during the forecast period. The market growth is attributed to the rising occurrence of data leaks and breaches coupled with the growing need to address these concerns. Blockchain technology has the potential to revolutionize healthcare globally by providing innovative solutions that are economical, faster, and more effective. Moreover, the surging adoption of blockchain technology in hospitals is expected to provide the necessary thrust to the segmental growth. Information updates or alterations are not permitted on the blockchain, thus, ensuring high security of the data or information. This is expected to drive industry growth in the coming years.
Market Segmentation
The global blockchain in healthcare market has been analyzed on the basis of network type, application, end-user, and region. Based on network type, the market is segmented into public network, private network, and others. Among these, public network segment is projected to hold a prominent share in the market. Based on application, the market covers the analysis of clinical trials & eConsent, claims adjudication & billing, supply chain management, clinical data exchange & interoperability, and others. Further, on the basis of end-user, the market is segmented into biopharmaceutical & medical device companies, healthcare providers, and others. Among these, biopharmaceutical & medical device companies segment is estimated to hold a prominent share in the market. Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market Structure and Competition Landscape
The global blockchain in healthcare market is characterized by the presence of significant number of players. Some of the prominent players operating in the market include IBM Corp., Change Healthcare, Oracle Corp., BurstIQ Inc., UnitedHealth Group, Medicalchain SA, Blockpharma, iSolve LLC, Solve.Care, Patientory Inc., and others. To maintain their position in the market, the companies are employing various business strategies, such as expanding cooperation, partnerships, and mergers & acquisitions.
• In October 2021, amid the COVID-19 spread, a COVID-19 testing service was launched by MDS Mexico. This service is blockchain technology-based and ensures the authenticity of vaccination certificates.
• In April 2020, to tackle COVID-19, IBM Corp. established the IBM Rapid Supplier Connect, a blockchain-based network that connects healthcare companies and governments with non-traditional device, equipment, and supply vendors.
Global Blockchain in Healthcare Market Analysis and Forecast 2019-2028
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, technological adoption rate, economic conditions, and consumer's spending, among others
6.3. Supply Chain & Value Chain Analysis
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
7. Rules & Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Blockchain in Healthcare Market: Key Investment Analysis
9.1. By Leading Blockchain in Healthcare Service Providers
9.2. Technological Assessment
9.3. By Application
9.4. By Region
9.5. M&A Activities
Robust assessment of major investments made by various industry players along with key application areas, technological assessment, and region
10. Global Blockchain in Healthcare Market: Use Case Analysis
10.1. By Application
10.1.1. Clinical Trials & eConsent
10.1.2. Claims Adjudication and Billing
10.1.3. Supply Chain Management
10.1.4. Clinical Data Exchange and Interoperability
10.2. By Region
10.2.1. North America
10.2.2. Europe
10.2.3. Asia-Pacific
10.2.4. Rest of the World
11. Market Spending & Use Case Analysis
Robust assessment of various use cases of blockchain technology across a range of healthcare applications along with spending made by end users
12. Key Funding Assessment
12.1. Startups by Region
12.1.1. North America
12.1.2. Europe
12.1.3. Asia Pacific
12.1.4. Latin America
12.1.5. Middle East & Africa
12.2. Startups by Key Application
12.2.1. Clinical Trials & eConsent
12.2.2. Claims Adjudication and Billing
12.2.3. Supply Chain Management
12.2.4. Clinical Data Exchange and Interoperability
13. Blockchain Applications for COVID-19 Pandemic Management
13.1. COVID-19 Vaccination Certificate Status
13.2. Contact Tracing
13.3. Tracking COVID-19 Outbreak
13.4. Blockchain-Based Federated Learning
14. Parent Market Overview
14.1. Global ICT Market
14.2. Global Healthcare Market
14.3. Global Blockchain Market
15. Segmental Analysis
15.1. Global Blockchain in Healthcare Market by Network Type
15.1.1. Segment Overview
15.1.2. Public Network
15.1.3. Private Network
15.1.4. Others (Consortium Network)
15.2. Global Blockchain in Healthcare Market by Application
15.2.1. Segment Overview
15.2.2. Clinical Trials & eConsent
15.2.3. Claims Adjudication and Billing
15.2.4. Supply Chain Management
15.2.5. Clinical Data Exchange and Interoperability
15.2.6. Others (Medical Credentialing)
15.3. Global Blockchain in Healthcare Market by End User
15.3.1. Segment Overview
15.3.2. Biopharmaceutical & Medical Device Companies
15.3.3. Healthcare Providers
15.3.3.1. Hospitals
15.3.3.2. Clinics
15.3.3.3. Nursing Homes
15.3.3.4. Others (ASCs)
15.3.4. Others (Healthcare Payers)
16. Regional Analysis
16.1. North America Blockchain in Healthcare Market Analysis and Forecast 2019-2028
16.1.1. Market Overview
16.1.2. North America Blockchain in Healthcare Market by Network Type
16.1.3. North America Blockchain in Healthcare Market by Application
16.1.4. North America Blockchain in Healthcare Market by End User
16.1.5. North America Blockchain in Healthcare Market by Country
16.1.5.1. US
16.1.5.2. Canada
16.2. Latin America Blockchain in Healthcare Market Analysis and Forecast 2019-2028
16.2.1. Market Overview
16.2.2. Latin America Blockchain in Healthcare Market by Network Type
16.2.3. Latin America Blockchain in Healthcare Market by Application
16.2.4. Latin America Blockchain in Healthcare Market by End User
16.2.5. Latin America Blockchain in Healthcare Market by Country
16.2.5.1. Brazil
16.2.5.2. Mexico
16.2.5.3. Rest of Latin America
16.3. Western Europe Blockchain in Healthcare Market Analysis and Forecast 2019-2028
16.3.1. Market Overview
16.3.2. Western Europe Blockchain in Healthcare Market by Network Type
16.3.3. Western Europe Blockchain in Healthcare Market by Application
16.3.4. Western Europe Blockchain in Healthcare Market by End User
16.3.5. Western Europe Blockchain in Healthcare Market by Country
16.3.5.1. Germany
16.3.5.2. UK
16.3.5.3. France
16.3.5.4. Spain
16.3.5.5. Italy
16.3.5.6. Benelux
16.3.5.7. Nordic
16.3.5.8. Rest of Western Europe
16.4. Eastern Europe Blockchain in Healthcare Market Analysis and Forecast 2019-2028
16.4.1. Market Overview
16.4.2. Eastern Europe Blockchain in Healthcare Market by Network Type
16.4.3. Eastern Europe Blockchain in Healthcare Market by Application
16.4.4. Eastern Europe Blockchain in Healthcare Market by End User
16.4.5. Eastern Europe Blockchain in Healthcare Market by Country
16.4.5.1. Russia
16.4.5.2. Poland
16.4.5.3. Rest of Eastern Europe
16.5. Asia Pacific Blockchain in Healthcare Market Analysis and Forecast 2019-2028
16.5.1. Market Overview
16.5.2. Asia Pacific Blockchain in Healthcare Market by Network Type
16.5.3. Asia Pacific Blockchain in Healthcare Market by Application
16.5.4. Asia Pacific Blockchain in Healthcare Market by End User
16.5.5. Asia Pacific Blockchain in Healthcare Market by Country
16.5.5.1. China
16.5.5.2. Japan
16.5.5.3. India
16.5.5.4. South Korea
16.5.5.5. Australia
16.5.5.6. ASEAN
16.5.5.7. Rest of Asia-Pacific
16.6. Middle East & Africa Blockchain in Healthcare Market Analysis and Forecast 2019-2028
16.6.1. Market Overview
16.6.2. Middle East & Africa Blockchain in Healthcare Market by Network Type
16.6.3. Middle East & Africa Blockchain in Healthcare Market by Application
16.6.4. Middle East & Africa Blockchain in Healthcare Market by End User
16.6.5. Middle East & Africa Blockchain in Healthcare Market by Country
16.6.5.1. GCC
16.6.5.2. South Africa
16.6.5.3. Turkey
16.6.5.4. Rest of the Middle East & Africa
17. Competitive Landscape
17.1. Competition Dashboard
17.1.1. Global and Regional Market Share Analysis
17.1.2. Market Structure
17.2. Competitive Benchmarking
17.3. Key Strategy Analysis
17.4. Company Profiles
17.4.1. IBM Corp.
17.4.1.1. Company Overview
17.4.1.2. Product/Service Offerings
17.4.1.3. Key Financials
17.4.1.4. Recent Developments
17.4.2. Change Healthcare
17.4.2.1. Company Overview
17.4.2.2. Product/Service Offerings
17.4.2.3. Financials
17.4.2.4. Recent Developments
17.4.3. Oracle Corp.
17.4.3.1. Company Overview
17.4.3.2. Product/Service Offerings
17.4.3.3. Financials
17.4.3.4. Recent Developments
17.4.4. BurstIQ Inc.
17.4.4.1. Company Overview
17.4.4.2. Product/Service Offerings
17.4.4.3. Financials
17.4.4.4. Recent Developments
17.4.5. UnitedHealth Group
17.4.5.1. Company Overview
17.4.5.2. Product/Service Offerings
17.4.5.3. Financials
17.4.5.4. Recent Developments
17.4.6. Medicalchain SA
17.4.6.1. Company Overview
17.4.6.2. Product/Service Offerings
17.4.6.3. Financials
17.4.6.4. Recent Developments
17.4.7. Blockpharma
17.4.7.1. Company Overview
17.4.7.2. Product/Service Offerings
17.4.7.3. Financials
17.4.7.4. Recent Developments
17.4.8. iSolve LLC
17.4.8.1. Company Overview
17.4.8.2. Product/Service Offerings
17.4.8.3. Financials
17.4.8.4. Recent Developments
17.4.9. Solve.Care
17.4.9.1. Company Overview
17.4.9.2. Product/Service Offerings
17.4.9.3. Financials
17.4.9.4. Recent Developments
17.4.10. Patientory Inc.
17.4.10.1. Company Overview
17.4.10.2. Product/Service Offerings
17.4.10.3. Financials
17.4.10.4. Recent Developments
*List of companies is not exhaustive
18. Disclaimer
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